The assessment proceedings referred to three properties in Nagpur. (Image for representative purpose only) You own a house and claim exemption under Section 54F of the Income Tax Act. However, the exemption is denied because the Income Tax Department believes you own more than one property.In one such case, the dispute arose because the income…

Oil prices climb over 1% (representative image) Oil prices rose on Wednesday as traders weighed concerns over Middle East supplies amid growing risks to shipping in the Red Sea and threats to oil infrastructure in Saudi Arabia.Brent crude futures climbed $1.34, or 1.23 per cent, to $110.10 per barrel, while US West Texas Intermediate (WTI)…

Shipments fell to 35.8 million units, the lowest third-quarter volume since 2016, according to Omdia. NEW DELHI: India’s smartphone data entries hone market suffered its steepest contraction in several quarters, with shipments plunging 26% in July–Sept as higher prices put buyers off upgrades and prompted manufacturers to curb supplies ahead of the festive season.Shipments fell…

The allegation comes amid broader concerns over cybersecurity risks. (File photo) NEW DELHI: An unidentified hacker group operating under the name ‘Siriusim’ has claimed to have obtained confidential customer information allegedly linked to State Bank of India, including personal details, loan applications and account-opening documents.The claim was highlighted by cybersecurity monitoring account CyberPulse56 in a…